Can Programmed Withdrawal (PW) pay you for life?
By: Moshood Ayeni There is always a debate about whether Programmed withdrawal (PW) can pay a retiree for life or not. This question is very crucial, especially to retirees who…
PenCom Mandates PFAs to Expand Branch Network for Enhanced Service Delivery
In a move aimed at improving access and service quality for pension contributors and retirees, the National Pension Commission (PenCom) has directed Pension Fund Administrators (PFAs) to establish branches in…
Lagos issues ₦2bn retirement bond certificate to pensioners
The Lagos State Government has disbursed ₦2.02 billion in retirement benefits to 644 pensioners. This announcement was made by Mr. Babalola Obilana, the Director-General of the Lagos State Pension Commission,…
PenCom Cracks Down on Employers with Incomplete Pension Documentation
The National Pension Commission (PenCom) has issued a stern warning to employers failing to provide complete documentation for their employees’ pension contributions. In a press release, PenCom revealed that some…
